JPMorgan Chase & Co. trimmed its holdings in U.S. Global Jets ETF (NYSEARCA:JETS – Free Report) by 4.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,628,162 shares of the company’s stock after selling 226,291 shares during the quarter. JPMorgan Chase & Co. owned 0.07% of U.S. Global Jets ETF worth $95,896,000 as of its most recent filing with the Securities and Exchange Commission.
Separately, Halpern Financial Inc. bought a new position in U.S. Global Jets ETF during the third quarter valued at about $140,000.
U.S. Global Jets ETF Trading Down 1.0 %
Shares of JETS stock opened at $25.10 on Friday. U.S. Global Jets ETF has a 12 month low of $16.48 and a 12 month high of $26.12. The company has a market capitalization of $1.60 billion, a P/E ratio of 26.39 and a beta of 1.18. The stock has a 50 day moving average of $24.59 and a two-hundred day moving average of $21.20.
U.S. Global Jets ETF Profile
The U.S. Global Jets ETF (JETS) is an exchange-traded fund that is based on the Stuttgart US Global Jets (USD) index. The fund invests in both US and non-US airline companies. This concentrated portfolio is weighted towards domestic passenger airlines. JETS was launched on Apr 28, 2015 and is managed by US Global.
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